Today let's take a look at Dabeinong and Longping Hi-Tech, let's take a look at their financial statements from 17 to 20 years (unit:)...
Dabeinong: One of the earliest enterprises engaged in livestock, poultry, aquatic products and cattle and sheep premix feed in China
Longping Hi-Tech: A leading agricultural industrialization enterprise that develops, produces and sells crop seeds
1. The ratio of accounts receivable to total assets:
Great Northern Farmers: 17 to 20 years average 8.1%!
Longping Hi-Tech: 17 to 20 years average 5.1%!
The lower the ratio of accounts receivable to total assets, the better!
This round Longping Hi-Tech wins!
2. Inventory turnover days:
Dabeinong: 17 to 20 years average 438 days!
Longping Hi-Tech: 17 to 20 years on average 471 days!
The lower the inventory turnover days, the better!
This game big north farmer wins!
3. Relationship with suppliers:
Great Northern Farm: From 17 to 20 years the average is -22.0!
Longping Hi-Tech: From 17 to 20 years on average -24.8!
The higher the value of the relationship with the supplier, the stronger it is!
4. Return on net assets:
Great Northern Farmers: 17 to 20 years average 6.8%!
Longping Hi-Tech: 17 to 20 years average 6.7%!
The greater the return on net assets, the better!
5. Return on total assets:
Great Northern Farmers: 2.79% average from 17 to 20 years!
Longping Hi-Tech: 17 to 20 years average 3.31%!
The greater the return on total assets, the better!
6. The complete production cycle of doing business:
Dabeinong: 17 to 20 years average 526 days!
Longping Hi-Tech: 17 to 20 years average 547 days!
The lower this indicator, the better!
Let's take a look at their earning power!
1. Gross profit margin:
Dabeinong: 38.0% average from 17 to 20 years!
Longping Hi-Tech: 17 to 20 years average 41.6%!
The higher the gross margin, the better!
2. Core profit margin:
Dabeinong: 17 to 20 years average 14.9%!
Longping Hi-Tech: 17 to 20 years average 16.1%!
The higher the core profit margin, the better!
3. Net interest rate:
Great Northern Farmers: 8.9% average from 17 to 20 years!
Longping Hi-Tech: 17 to 20 years average 13.6%!
The bigger the net interest rate, the better!
"Finally, let's take a look at the cash flow!
1, operating activities cash flow: operating activities cash flow is greater than zero, and greater than depreciation and amortization, indicating that the enterprise can not only operate normally, compensate for the depreciation and amortization of assets, but also provide funds for the expansion of reproduction of enterprises, and enterprises have potential growth. "
Dabeinong:
0.3162 -0.2045 -9.415 13.85
Longping Hi-Tech:
5.286 -0.144 0.9098 13.65
2. Profit content:
Great Northern Farmers: From 17 to 20 years on average -5.9%!
Longping Hi-Tech: From 17 years to 20 years on average 148.6%!
The more gold content of the profit, the more real the net profit!
3. Cash flow from operating activities to current liabilities ratio:
Dabeinong: From 17 to 20 years on average -0.4%!
Longping Hi-Tech: From 17 years to 20 years on average 11.0%!
The higher this indicator, the better!
Note: This article is only from the perspective of the financial data of the two enterprises over the years to compare, the indicators are only the indicators that I feel are more important to compare, there is a one-sidedness, can not be used as the basis for any decision-making:
1. After comparison, you can feel the comprehensive strength of different enterprises, and it is easy to judge who is superior and who is inferior!
2. After comparing the data, you can filter some enterprises with strong external strengths and middle cadres.
3, consecutive years of financial data is not easy to falsify, encounter all indicators are negative can avoid stepping on the thunder!
Disclaimer: I just stand in the perspective of data processing and exchange and learn with everyone, and I have no intention of targeting any enterprises! "